Question 1

Is Green Point a nice place to live?

Accepted Answer

Green Point is a small coastal suburb on the Mid North Coast near Forster with a laidback lakeside and seaside lifestyle. It sits among low coastal bush and quiet streets, and many properties take advantage of water views or easy access to boating and fishing on the nearby waterways. Housing is mostly single-storey cottages and modern brick homes on generous blocks, and local parks, walking tracks and beaches support outdoor recreation while everyday shops and medical services are found in nearby Forster. The locality is bounded by Wallis Lake to the west and Booti Booti National Park to the east.

About 522 people live in Green Point, with a median age of 54 and a median household income of $1,174 a week (roughly $61,000 a year). Household composition leans strongly towards couple families without children (58.9%) and homes are predominantly owner-occupied (84.7%), with 15.3% rented. The suburb attracts a mix of retirees, families and people looking for a holiday base. There are no significant new infrastructure or development projects reported at this time. Whether it suits you will come down to how much you value lakeside access, outdoor recreation and an established owner-occupied community close to Forster.

Question 2

Is it expensive to live in Green Point?

Accepted Answer

A house rent of $625 a week in Green Point would take about 53.2% of a typical local household's weekly income as recorded at the most recent Census (625 ÷ 1,174 ? 0.532). On these figures, rent would absorb a large share of a typical local household's income at the last Census. If you're renting, that rent share is the number that matters; whether it feels expensive depends on your own income and circumstances.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Green Point a good place to invest?

Accepted Answer

House values in Green Point rose 13.4% over the past 12 months, a strong increase, while house rents climbed 7.8%, a solid gain. Put simply, capital growth on houses outpaced rental growth over the year, and if rental income is your priority the rent figure is the one that matters.

Whether that balance suits your needs depends on your own investment goals and circumstances.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	N/A	N/A
Change in value Past 12 months	13.4%	N/A
Sold Past 3 months	3	N/A
Median days on market Past 12 months	90	N/A
Average rent Past 12 months	$625	N/A
Change in rent Past 12 months	7.8%	N/A

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